V's Barbershop vs SmartStyle Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of V's Barbershop vs SmartStyle including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
V's Barbershop Franchise
SmartStyle Franchise
Investment $192,700 - $423,100$149,430 - $305,200
Franchise Fee $30,000$39,500
Royalty Fee 3.5%-5%5%
Advertising Fee 1% - 3%2%
Year Founded 19991996
Year Franchised 20052016
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements
 
V's Barbershop Franchise
SmartStyle Franchise
Experience --

Financing Options
 
V's Barbershop Franchise
SmartStyle Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/No-/-
Start-up Costs No/No-/-
Equipment No/No-/-
Inventory No/No-/-
Receivables No/No-/-
Payroll No/No-/-

Training & Support
 
V's Barbershop Franchise
SmartStyle Franchise
Training You don't have to be a barber! You'll receive a week of on-site training plus 3 separate step-by-step manuals on how to open and operate your shop. On-The-Job Training: 5 hours Classroom Training: 25 hours
Support A Team of Experts � The V's management team have a combined 50 years experience in the barbering industry and another 40 years experience in business management and consulting. We're here to help you. It's a Barbershop! A business investment has never before been this fun.Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection
Marketing The V's Buzz - Newspapers, magazines and television networks are already reporting on the success of V's Barbershop. The end result is powerful brand recognition that delivers dynamic results for our franchisees.

We provide In-store promotions, direct mail, email campaigns, print advertising and more.

 Ad Templates National Media Regional Advertising Social media
Operations --

Expansion Plans
 
V's Barbershop Franchise
SmartStyle Franchise
US Expansion -Yes
Canada Expansion -Yes
International Expansion --

Company Overviews

About V's Barbershop

V's Barbershop is an authentic, old-time barbershop offering traditional barbering services in an upscale and uniquely masculine environment. Haircuts, old-fashioned straight-edge shaves, facials, and complimentary shoe shines. Our concept is simple: a real barbershop for real men. Remember the old-time barbershop where Dad took you when you were a kid? By now most of them have vanished. In today's age, men must choose between overpriced women's salons or low-cost, low-experience "chop shops". We've had thousands of guys tell us the same thing: "Until V's, there were no good choices." We've created a concept and an environment that men enjoy. From the real barber chairs to the hot lather old-fashioned shave and the relaxing massage you enjoy before you leave, V's has brought back the best of the old and set a new standard for men's barbershops. Financial Advantages: • Recession resistant industry • Continuous growth  • No matter what the economy looks like, hair keeps growing! • Consistent cash flow  • On average guys get a haircut every 4 weeks. It's predictable. • No waste  • Unlike a restaurant franchise, nothing spoils

The total investment necessary to begin operation of a V's Barbershop is between $192,700 and $423,100. This includes $22,500-$30,000 for the initial franchise fee that must be paid to the franchisor or its affiliate(s). You may but are not obligated to sign a multi-unit agreement with the farnchisor at the same time that you sign the franchise agreement. You will pay some or all of the Initial Franchise Fee for each location included with your Multi-Unit Agreement at the time that you sign the Multi-Unit Agreement. There is no minimum number of units that you are obligated to open pursuant to a Multi-Unit Agreement but if you agree to open at least 3 V's Barbershop locations, the initial franchise fee for each additional unit (not including the first unit) is reduced to $22,500.

"Top
#66 in Gator's Top franchises.

"Entrepreneur
#431 in Franchise 500 for 2020.
#300 in Franchise 500 for 2021.








About SmartStyle

With convenient locations in Walmart stores across the United States, Canada, and Puerto Rico, SmartStyle is a full-service hair salon that provides the hairstyle you want at an affordable price, all in a welcoming and relaxing environment.  SmartStyle is proud to be part of Regis Corporation, the world's largest and leading hair salon company.


"Entrepreneur
#325 in Franchise 500 for 2020.
#130 in Franchise 500 for 2021.